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OBS-Honnir
Oct 8, 2023 3:58 AM

XAUUSD - 08/10/23 Short

Gold vs US DollarPepperstone

Description

My bias for XAUUSD on the daily chart!

I expect 2 diferents scenarios for gold :

- Trick traders into thinking it will go straight for 1804.95

- Go straight to 1804.95 ;)



#ICTStudent

Comment

Now heading towards 1850

1884 - 1834 is a liquidity void!
Comments
Astro_Entry
Do you not see a retracement back towards 1879-1880 before pushing down further?
OBS-Honnir
@Astro_Entry, I don't expect price to go to 1879-1880, but i woudn't be surprised if price goes towards ~1876-1878.
storyofdre
When you refer to liquidity void does that mean the current trading range or all liquidity has been collected in that range so price will break to the upside or downside to grab external liquidity?
OBS-Honnir
@storyofdre, What i meant by the liquidity void is that in the monday session the market didn't offered to any side(1884 - 1834), so i expect that market will go back to these prices to offer some type of liquidity.
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